Automobiles, Parts, China, Ad Valorem, and More
April 8, 2025:
Trump tariffs on China set to rise to 104% Wednesday. See USA Today article.
April 8, 2025:
A country-specific ad valorem rate of duty will apply to imported goods of 83 countries and will replace the 10% additional ad valorem duty rate under 9903.01.25. See USCBP Message.
April 4, 2025:
China announces 34 percent tariffs in response to US tariffs imposed on April 2. Chinese tariffs take effect on April 10. China also announces new export controls on samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium; an antidumping investigation into US medical CT X-ray tubes; the addition of 11 US companies to the unreliable entity list; export controls on 15 companies; and a ban on imports of Illumina’s gene sequencers. See Reuters article.
April 3, 2025:
The 25 percent tariffs on automobiles announced on March 26 and imposed under Section 232 of the Trade Expansion Act of 1962 go into effect. The tariffs on automobile parts are delayed to a future date not later than May 3, 2025. See Federal Register Notice and Presidential Documents.
April 2, 2025:
The US imposes 10 percent tariffs on imports from nearly all countries as announced April 2. See Federal Register Notice.
